Skip to main content

About your Search

Search Results 0 to 4 of about 5
Feb 5, 2013 3:00pm EST
. >> and the president is pushing congress to come up with new tax revenues and short-term spending cuts to avoid the massive cuts that will otherwise kick in automatically on march 1. how ways and means chairman david camp is here to respond. >> looking forward to his comments. has a lot to say. here's where we stand right now. the dow, a mirror image of yesterday. a selloff in the open yesterday in the morning and then it went sideways, and today we've done that the opposite. a rally on the open this morning, now up 123 points and just off the highs at 14,004.08. this would be the third could be sective 100-point move for the dow, and the we're only three days into the month of february. the nasdaq is up 45 points wiping out yesterday's losses. now at 3176. that is the high of the session right there, and the s&p 500 index is showing a gain of about 17, now 18.25 points, just off its high at 1315. in today's closing bell exchange, we're joined by todd schoenberger, marky willman from jmp securities and linds freftn financial and our own rick santelli. todd, you've got to be loving this real rig
Feb 4, 2013 3:00pm EST
on the private sector. every day the president threatens to raise a tax or another. as long as the threat of new taxes, huge regulations from the epa hang over the private sector, we're not going to get the growth we need. >> you know one of the biggest drags on fourth quarter gdp that report showed was the reining in of defense spending as we got out of afghanistan and retracted some troops. that is what was a huge contributor to that decline in growth in the fourth quarter. now are we doing this all over again with the sequestration here? >> sequestration is already effecting government expenditures as agencies try to guess what position they'll be in. of course they're being conservative. the deficit problem is the problem for later in this decade. the jobs problem is the problem today. and this talk of a contracti contractionary fiscal position. it is hurting the economy. >> he wantive harris? >> in the end, we've got to get our deficit under control while we grow the private sector economy. we can't do it through new taxation. you can't tax your way out of this mess. that's the problem. the
Feb 1, 2013 3:00pm EST
% growth. would i have said had we not had any contractionary moves, the ending of the payroll tax cut and also the sequester, whatever cut we see coming out of there, i would have said probably close to 3% because of the kick up in the housing market. clearly there's a rebound there that's very, very good news. when you factor in the drag we'll get at the end of the tax cut and we don't know exactly what we'll see in sequester-related cuts, that will approximate some off gdp growth, so maybe 2 or upped. not a good story. >> it's a question of balance. >> if that's the case, and would i like to know whether you agree with that, ken, the question is this market priced for perfection, and are we poised for a decline given the fact that the economy won't keep up with expectations? >> i think the risks are balanced. weak growth, moderate growth, and i agree 2%, though maybe towards the end of the year it will be looking better, but, you know, i don't think we're like really likely to swing in recession neglecting the q4 gdp number. growth could turn out to be better. i think it's balanced
Feb 6, 2013 3:00pm EST
costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> welcome back. as hewlett-packard considering a breakup? that depends on which report you read. jon fortt joins us with the very latest. jon, what are you hearing? >> reporter: i'm hearing a breakup is definitely not plan "a" but may be plan "b" or "c." a source close to the company told me hp at this point plans to keep all of its businesses together, given where the company is right now strategically at this point could be a key phrase if meg whitman's turnaround plan doesn't bear fruit next year, all plans will be off. the pc business is pretty important to hp from a cash flow perspective but it's also shrinking. the printer business tied in pretty closely to pcs. hp's enterprise business in servers, storage, netw
Feb 7, 2013 3:00pm EST
, because after inflation and taxes, 30-year money is earning nothing. it's been a huge mistake, and once interestes start to rise. >> right. >> where are the buyers going to be? >> but, david, is it really about the interest rates right now, or is it, i agree with you that there's a bubble definitely, but i think it's driven by the investors getting in there, the hedge funds, the private equity pouring millions and billions of dollars into distressed properties. that's what's pushing prices up in the double digits in phoenix and las vegas that's creating these bubbles that i agree are unsustainable. if private equity agrees to pull out suddenly, and i'm not sure they will, because they want to get that rental demand, but if they pull out, isn't that the problem and not so much the mortgage rates? >> two points. one is they are riding into scottsdale, arizona, not on the back of a john deere lawn mower, but they are riding in essentially on a hoover vacuum cleaner sucking up all the inventory and driving prices up and hoping to attract the doctors, dentists and chinese so they can get out
Search Results 0 to 4 of about 5